AdalFi was founded by Salman Akhtar, Khalid Kabeer, Ian Read, Arsalan Ahmed in 2021.

Who are AdalFi's investors?

AdalFi's investors include Amaana Capital, Fatima Gobi Ventures, Gobi Partners, Zayn Venture Capital (Formally Zayn Capital), COTU Ventures.

How much funding has AdalFi raised?

AdalFi has disclosed $15M raised across 2 rounds.

AdalFi

Founded 2021 · 73 employees on LinkedIn · 5 known investors

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AdalFi provides credit intelligence and lending platform for banks and financial institutions, using bank account data and machine learning models to enable faster and fairer lending decisions while sharing revenue and risk with lenders.

AI & Machine Learning Data & Infrastructure Fintech SaaS

Founders & leadership

AdalFi was founded in 2021 by Salman Akhtar, Khalid Kabeer, Ian Read, and Arsalan Ahmed.

Salman AkhtarSalman Akhtar is founder of AdalFi, which provides credit intelligence and lending technology to banks and financial institutions using bank account data and machine learning to assess creditworthiness.

Khalid KabeerKhalid Kabeer is Chief Product Officer at AdalFi and formerly CEO of Vitas Group, with over two decades of experience in fintech and lending across the MENA, South Asia, and Europe regions. He has built regulated financial institutions, managed lending portfolios exceeding $1 billion, and worked on initiatives including microfinance securitization and NGO-to-bank conversions.

Ian ReadIan Read is founder and CEO of AdalFi, a credit intelligence and lending platform that helps banks and financial institutions assess creditworthiness using bank account data and machine learning models.

Arsalan AhmedFounder

Investors · 5

Amaana Capitallisted by Amaana Capital

How we know: Amaana Capital's portfolio page · Not right? Tell us

Fatima Gobi Ventureslisted by Fatima Gobi VenturesLahore

Gobi Partnerslisted by Gobi PartnersHong Kong

How we know: Gobi Partners's portfolio page · Not right? Tell us

Zayn Venture Capital (Formally Zayn Capital)listed by Zayn Venture Capital (Formally Zayn Capital)Islamabad

How we know: Zayn Venture Capital (Formally Zayn Capital)'s portfolio page · Not right? Tell us

COTU Venturesreported$150K – $2M

How we know: funding news · the VCSheet dataset · Not right? Tell us

Funding

SEC filings, press & company announcements

$15M disclosed across 2 rounds · 2023

$7.5MraisedFeb 2023 · 3 sources
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$7.5Mseed fundingFeb 2023 · 2 sources
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

AdalFi secures $7.5m to take on Pakistan's lending challengesfintech.global · Feb 2023

AdalFi Raises $7.5M in Fundingfinsmes.com · Feb 2023

Frequently asked questions

What does AdalFi do?: AdalFi provides credit intelligence and lending platform for banks and financial institutions, using bank account data and machine learning models to enable faster and fairer lending decisions while sharing revenue and risk with lenders.
Who founded AdalFi?: AdalFi was founded by Salman Akhtar, Khalid Kabeer, Ian Read, Arsalan Ahmed in 2021.
Who are AdalFi's investors?: AdalFi's investors include Amaana Capital, Fatima Gobi Ventures, Gobi Partners, Zayn Venture Capital (Formally Zayn Capital), COTU Ventures.
How much funding has AdalFi raised?: AdalFi has disclosed $15M raised across 2 rounds.